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Norway Offers 136 Arctic Oil Exploration Blocks

2020-11-19 16:35:34| OGI

The blocks include eight regions of the Arctic Barents Sea and one in the Norwegian Sea.

Tags: offers oil norway blocks

 

FourPass Energy, Oaktree to Launch Oil, Gas Operating Company with $900 Million Commitment

2020-11-19 15:12:03| OGI

Former Felix Energy executives team up to pursue large-scale, oil-weighted, producing assets. Certain funds managed by Oaktree pledge $600 million in initial equity withan option to invest an additional $300 million.

Tags: company million energy operating

 
 

Oil Search Preps for Alaskan Assets Sale, Boosts Resource Estimates

2020-11-18 23:19:23| OGI

Australia-listed Oil Search Ltd. said it plans to launch a formal process for sale of its 15% stake in the Pikka project and other key Alaskan assets in first-quarter 2021.

Tags: search sale resource oil

 

Oil, Gas Lease Sale Results Show GoMs Staying Power

2020-11-18 21:04:55| OGI

Nearly $121 million in high bids were placed on blocks offered during the Nov. 18 U.S. Gulf of Mexico lease sale.

Tags: show results power sale

 

Chinas Oil Buying Binge to Continue in 2021

2020-11-18 17:12:12| OGI

 Tank operators and refiners are expected to keep stocking up.

Tags: continue buying oil binge

 

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